Taxes for 475 holders

[thefrnd]

Anybody, can give any idea about the taxes for the 475 holder ? Is it the same as the PR ?

[Andrew from Vista Financial]

Anybody, can give any idea about the taxes for the 475 holder ? Is it the same as the PR ?

 

That depends where the income is derived from and also your intentions regarding living in Australia.

 

To determine whether you will be tax resident in Australia then this help http://calculators.ato.gov.au/scripts/axos/axos.asp?CONTEXT=&KBS=Resident.XR4&go=ok

 

Types of income are viewed differently, generally Australian sourced employment income will be taxed as PR if you are classed as tax resident, other sources of income will differ depending upon where it is derived.

 

Regards

 

 

Andy

[thefrnd]

Hi Andy thanks for your reply.

My Intention is surely living permanently in Australia. Only source of income would my job here. So, I will be taxed as a PR holder, right ?